Rounding out the group, Cramer noted that Nasdaq (NDAQ) has been a big winner and investors need to watch Halliburton (HAL) , Transocean (RIG) and particularly BP (BP) because all three companies are embroiled in lawsuits stemming from the Gulf of Mexico oil spill.

NDAQ ended Tuesday up 2% while BP was up 1%. HAL rose 1.6% but RIG was flat.

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